Incentive Analyst

Thank you for your interest in a career at Regions. At Regions, we believe associates deserve more than just a job. We believe in offering performance-driven individuals a place where they can build a career --- a place to expect more opportunities. If you are focused on results, dedicated to quality, strength and integrity, and possess the drive to succeed, then we are your employer of choice.

Regions is dedicated to taking appropriate steps to safeguard and protect private and personally identifiable information you submit. The information that you submit will be collected and reviewed by associates, consultants, and vendors of Regions in order to evaluate your qualifications and experience for job opportunities and will not be used for marketing purposes, sold, or shared outside of Regions unless required by law. Such information will be stored in accordance with regulatory requirements and in conjunction with Regions’ Retention Schedule for a minimum of three years. You may review, modify, or update your information by visiting and logging into the careers section of the system.

Job Description:

At Regions, the Incentive Analyst helps to administer corporate line of business incentive plans. This position develops and provides reporting from incentive applications, with minimal supervision.

Primary Responsibilities

• Conducts analysis required to recommend plan design changes and to help with sales performance
• Develops models to determine incentive plan payouts
• Interacts with various levels of management concerning incentive plan design and payouts and sales performance
• May work as a liaison with technology/vendors and end users to address user issues
• Audits and validates results between the systems of record and end results as needed
• Responsible for ad hoc analysis as requested
• Demonstrates in-depth knowledge of own discipline and basic knowledge of related disciplines
• Solves complex problems and takes a new perspective on existing solutions
• Works independently and receives minimal guidance
• May lead projects or project steps within a broader project or have accountability for ongoing activities or objectives
• Acts as a resource for colleagues with less experience

This position is exempt from timekeeping requirements under the Fair Labor Standards Act and is not eligible for overtime pay. 

Requirements

• Bachelor’s degree and four (4) years of related experience
• OR High school Diploma/GED and eight  (8) years of incentive experience

Preferences

• Banking experience
• Experience with Systems, Applications, & Products in Data Processing (SAP) Commissions software
• Database reporting with tools such as Crystal Reports and Structured Query Language (SQL) Reporting

Skills and Competencies

• Ability to work under limited guidance
• Demonstrated ability to learn software/business intelligence tools
• Excellent verbal/written communication skills
• Must be detail oriented, with the ability to multitask
• Proficient Microsoft Office Suite skills and a strong working knowledge of Access and PowerPoint
• Strong analytical and problem-solving skills

Additional Responsibilities:

• Evaluates processes, procedures and people to identify continuous improvement opportunities for incentive administration
• Assists in centralizing the administration of incentive plans across the organization

Additional Preferences:

• Excellent organizational, consultative, analytical and problem-solving skills
• Very strong Excel skills
• Background in HR compensation, incentive and payment processes
• Workday knowledge

This position may be filled at a higher level depending on the candidate’s qualifications and relevant experience.

This position is intended to be onsite, now or in the near future. Associates will have regular work hours, including full days in the office three or more days a week.  The manager will set the work schedule for this position, including in-office expectations.  Regions will not provide relocation assistance for this position, and relocation would be at your expense.  

Position Type

Full time

Compensation Details

Pay ranges are job specific and are provided as a point-of-market reference for compensation decisions. Other factors which directly impact pay for individual associates include: experience, skills, knowledge, contribution, job location and, most importantly, performance in the job role. As these factors vary by individuals, pay will also vary among individual associates within the same job.

The target information listed below is based on the Metropolitan Statistical Area Market Range for where the position is located and level of the position.

Job Range Target:

Minimum:

$75,510.60 USD

Median:

$96,110.00 USD

Incentive Pay Plans:

This job is not incentive eligible.

Benefits Information

Regions offers a benefits package that is flexible, comprehensive and recognizes that "one size does not fit all" for benefits-eligible associates. Listed below is a synopsis of the benefits offered by Regions for informational purposes, which is not intended to be a complete summary of plan terms and conditions.

• Paid Vacation/Sick Time
• 401K with Company Match
• Medical, Dental and Vision Benefits
• Disability Benefits
• Health Savings Account
• Flexible Spending Account
• Life Insurance
• Parental Leave
• Employee Assistance Program
• Associate Volunteer Program

Please note, benefits and plans may be changed, amended, or terminated with respect to all or any class of associate at any time. To learn more about Regions’ benefits, please click or copy the link below to your browser.

https://www.regions.com/welcometour/benefits.rf

Location DetailsRiverchase Complex North Building

Location:Hoover, Alabama

Equal Opportunity Employer/including Disabled/Veterans

Job applications at Regions are accepted electronically through our career site for a minimum of five business days from the date of posting. Job postings for higher-volume positions may remain active for longer than the minimum period due to business need and may be closed at any time thereafter at the discretion of the company.